The pericircular - Byzantine dome - Metropolitan Church of St. Nicholas of Volos was built on the initiative of the respective Mayors and Municipal Councils of the city. It was founded in 1928 and inaugurated at the end of 1934 by the then Metropolitan of Demetrias Germanos.

The church is the work of the architect Aristotle Zachos and is built on the foundations of an older church that was burned down in1898. The unique art of the baroque style bell tower was built between 1886 - 1890 by Italian craftsmen. It was severely damaged by the 1980 earthquakes and was restored as a listed monument with the same marble in 1999.